Hudson's Bay Co. released its first quarterly results following its initial public offering late last month. It posted a third-quarter loss from continuing operations of 8 Canadian cents a share on retail sales of C$930 million. The retailer also declared an initial quarterly dividend of 9.375 Canadian cents a share.

MEG Energy Corp. said late Monday it has raised C$800 million from two equity issues at C$33 a share. It also announced a 2013 capital-investment budget of C$1.9 billion and projected it would produce up to 35,000 barrels per day next year.

Fiera Capital Corp. said it has agreed to buy UBS Global Asset Management (Canada) Inc.’s Canadian fixed income, Canadian equity and domestic balanced account business for C$52 million cash. Representing assets under management of about C$8 billion,

Maple Leaf Foods Inc. said it has agreed to sell its potato processing facility in Lethbridge, Alberta to Cavendish Farms, for about C$60 million. The plant has about 135 employees and annual sales of about C$75 million.

AEterna Zentaris Inc. said final Phase 2 data demonstrated that the combination of perifosine, its oral AKT inhibitor, and sorafenib, was well tolerated by heavily pretreated patients with relapsed/refractory lymphomas.

Artis said it has agreed to sell 3.2 million trust units at C$15.70 each to raise C$50 million.

Wi-LAN Inc. said it has filed a patent-infringement suit against Research in Motion Ltd. related to Bluetooth technologies. Further details weren’t disclosed.

Smart Technologies Inc. said it plans a corporate restructuring to realign into two businesses, resulting in about a 25% reduction in its workforce.

Bonterra Energy Corp. said it has made a takeover bid for Spartan Oil Corp., offering 0.1169 of a share for each Spartan share. Bonterra has agreed to increase its monthly dividend to 28 Canadian cents a share from 26 Canadian cents on closing.

About Canada Real Time

Canada Real Time provides insight and analysis into what’s making news in Canada, a country punching above its weight on the world stage thanks to its vast resources and strong banking sector. Drawing on the expertise of The Wall Street Journal and Dow Jones Newswires, we take a look at developments in fields ranging from business to politics to culture. You can contact the editors at canadaeditors@dowjones.com